something that's been troubling me for awhile...i posted it to my facebook the other day, here goes...
reinventing the middle class( why we need to)--
the middle class...something that once thundered across the plains of ancient economical society...hunted to extinction, by educational barriers, and other financial strife, never to be seen again...even there bones have yet to emerge--
well, in modern times, most feel this is a moment to blurt out a nice "so what", and move on...but, here is the bother, if there are only super rich( a very few, since there can always only be a small amount at the top of any structure...financial, or otherwise), and the main, "bulk" of society is working "entry level" jobs( 9.00 an hour or less), then, in my opinion, we have set the stage for another "great depression"...
you might ask how??...well, if the bulk of society is living paycheck-to-paycheck( earning about 1,000-1,200 dollars a month, after taxes, and their average bills are about 800-1,000 a month, they have 200-400 dollars to work with for the betterment of themselves, their children, or to deal with any troubles that befall them)...
this situation is exasperated if a person lives alone, since living as a single person, or parent, just is not viable, at this income level, so, those persons in this tax bracket, must co-habitate, with another low-income individual( spouse, or other), and, if income is lost, for as little as two weeks, the economic system the person has, collapses( and they are on the street, very soon after)--
so, we can see, that the lower income earners of this country, have a very fragile financial situation, this issue, is what i feel is the means for the next "great depression" to occur, for our society to endure...where the main portion of society( the little "cogs"), are pushed to the street, from being out of work, for a short time-period, to live in their cars, and fight for scraps on the street...
something as simple as a drop in the value of the dollar/inflation( resulting in a lower yield, from each dollar earned), or perhaps, a flood of "lower-wage earners", all looking for jobs in the same area( a high number of immigrants, or other "entry level wage-earners"), ten jobs, with ten thousand people looking for one, means 9,990 pairs of shoes, living on the streets...it's that easy, and, the "upper-crust" on the "big wheel" of high society, really does need "the little guys", to make it, since nothing turns without each part's contribution( on the bright side, many, many people, made good money in the last "depression", that had money, and therefore possessed "staying power", for their estates...simply put, those with money, bought high value goods form those "going under", and made a fortune, selling them, when things stabilized, and the market was buying again)--
what to do??, well, i feel we need to examine the evolution of modern society, a little, to make a decision about corrective action...i believe our society has become based upon "exclusion", meaning, that if you have not graduated high school, and gone to college, you can not get certain jobs...this deferral is not only about not having the skill to do the work, it also stops huge amounts of persons from even applying, and this seems to be the trouble, this format has been adopted nation-wide, in every aspect of society...you can not get a loan for a home of your own if you do not meet certain criteria, ect, ect...so, we need to make it possible for a larger number of persons to clear "the hurdles of society", at least enough for them to obtain a job, above 9.00 an hour...period--
the poor are not poor because they are ignorant, and they are needed, for society to function( something that i believe has been forgotten), and if a ginormous mass of them is on the street, like in the last "depression", the "haves" will be looted by the "have-nots", for survival...it's that simple, more later...out of time at the library--
--( the smartest person whom ever lived, might be a pauper, while the richest, is "dumb as a post"...something to think about)--
best wishes, john kruschke--
(7 photos)the middle class...something that once thundered across the plains of ancient economical society...hunted to extinction, by educational barriers, and other financial strife, never to be seen again...even there bones have yet to emerge--
well, in modern times, most feel this is a moment to blurt out a nice "so what", and move on...but, here is the bother, if there are only super rich( a very few, since there can always only be a small amount at the top of any structure...financial, or otherwise), and the main, "bulk" of society is working "entry level" jobs( 9.00 an hour or less), then, in my opinion, we have set the stage for another "great depression"...
you might ask how??...well, if the bulk of society is living paycheck-to-paycheck( earning about 1,000-1,200 dollars a month, after taxes, and their average bills are about 800-1,000 a month, they have 200-400 dollars to work with for the betterment of themselves, their children, or to deal with any troubles that befall them)...
this situation is exasperated if a person lives alone, since living as a single person, or parent, just is not viable, at this income level, so, those persons in this tax bracket, must co-habitate, with another low-income individual( spouse, or other), and, if income is lost, for as little as two weeks, the economic system the person has, collapses( and they are on the street, very soon after)--
so, we can see, that the lower income earners of this country, have a very fragile financial situation, this issue, is what i feel is the means for the next "great depression" to occur, for our society to endure...where the main portion of society( the little "cogs"), are pushed to the street, from being out of work, for a short time-period, to live in their cars, and fight for scraps on the street...
something as simple as a drop in the value of the dollar/inflation( resulting in a lower yield, from each dollar earned), or perhaps, a flood of "lower-wage earners", all looking for jobs in the same area( a high number of immigrants, or other "entry level wage-earners"), ten jobs, with ten thousand people looking for one, means 9,990 pairs of shoes, living on the streets...it's that easy, and, the "upper-crust" on the "big wheel" of high society, really does need "the little guys", to make it, since nothing turns without each part's contribution( on the bright side, many, many people, made good money in the last "depression", that had money, and therefore possessed "staying power", for their estates...simply put, those with money, bought high value goods form those "going under", and made a fortune, selling them, when things stabilized, and the market was buying again)--
what to do??, well, i feel we need to examine the evolution of modern society, a little, to make a decision about corrective action...i believe our society has become based upon "exclusion", meaning, that if you have not graduated high school, and gone to college, you can not get certain jobs...this deferral is not only about not having the skill to do the work, it also stops huge amounts of persons from even applying, and this seems to be the trouble, this format has been adopted nation-wide, in every aspect of society...you can not get a loan for a home of your own if you do not meet certain criteria, ect, ect...so, we need to make it possible for a larger number of persons to clear "the hurdles of society", at least enough for them to obtain a job, above 9.00 an hour...period--
the poor are not poor because they are ignorant, and they are needed, for society to function( something that i believe has been forgotten), and if a ginormous mass of them is on the street, like in the last "depression", the "haves" will be looted by the "have-nots", for survival...it's that simple, more later...out of time at the library--
--( the smartest person whom ever lived, might be a pauper, while the richest, is "dumb as a post"...something to think about)--
best wishes, john kruschke--
the piece above is from my facebook page, and here are a final few words about the issue...
what happened?? and why??...well, i believe that the "middle class"( when there was one), moved up, to become "upper class"( since they had some extra abundance, and utilized it wisely), and, the lower income wage-earners( from the time when we had a "middle class"), did not raise themselves up, out of the lower income bracket, but instead, remained poor( as they had no extra income, to get there)...
and there we have it, three tiers of society, struggling, those at the top, stayed there, those in the middle, moved up...and those at the bottom, remained...leaving nothing in the middle, to buffer a serious market fluctuation, setting the stage for a "super-depression"...an issue where the rich become "middle class", and the rest are living out of old cars, and in cardboard shanties, on the street( since there is no place to go)...high drama, yes, but it merely displays the need for the "middle class" to exist...to deal with this calamity, i believe we must find ways to get more people "over the hurdles of mankind", that are needed to obtain "middle class" earnings...we have to, no question, although we like to be tough here in modern society, we have to have a minimum number of individuals, who "make-good", and succeed...
i leave the means to do so, to our legislators, they can crunch the numbers, and maintain a stable "economic playing field", where the entire team isn't "out", from one bad hit...we can do it, essentially, some of the poor need rise from strife, to a level of abundance, enough for them to "move-up", and leave a job opportunity behind, for a different "entry level wage earner"--
best wishes, john kruschke--
